Home Warranty

Home Warranty

There are several home warranty plans available in today’s real estate market. They are very similar in the way they apply to homes. Warranties can be purchased by either the Buyer or the Seller.

When a Seller purchases a Warranty Plan, the plan covers those specified items within the home during the period the home is on the market and includes built-in appliances, hot water heater, plumbing, etc. Should a covered item fail during the listing period, it is eligible for repair or replacement with a small deductible owed by the Seller. The cost of the actual plan is paid at closing. In other words, no money is paid towards the cost of the plan until the property is sold and closes (except for any deductibles due on repairs during the listing period). The Seller plan has certain limitations that apply during the listing period, e.g., heater and air conditioner MAY NOT be covered items. They are usually covered for the Buyer after closing.


In the event a Seller elects to NOT provide a warranty, a purchaser can obtain one. The plan has the same deductible and covers the purchaser for up to one year after closing.

Diane's Tip:

Except in the case of New Construction, houses are "used" and Murphy's Law rules! Things go wrong when it is most inconvenient. There's no better peace-of-mind protection for both buyer and seller than having a home warranty! Take potential buyer concerns out of the picture and get the benefit of being covered while the listing is in effect - Get the warranty!

Go confidently in the direction of your dreams!        (Henry David Thoreau)